BofA cuts target for Aramark stock to USD 69

Published on 10/28/2026 at 06:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Aramark posted USD 5.06 billion in third-quarter revenue, up 9.30 percent year over year. Aramark stock faces results on November 16, 2026.

Aramark growth and valuation

On October 26, 2026, BofA lowered its target from USD 70 to USD 69.
Fiscal third-quarter revenue reached USD 5.06 billion on July 3, 2026, up 9.30 percent year over year.
Aramark's market capitalization was USD 14.6 billion as of October 27, 2026.
Fiscal fourth-quarter results are scheduled for November 16, 2026.

ARMK, US03852U1060, Illustration mit AI erstellt.

Aramark (US03852U1060) reported USD 5.06 billion in fiscal third-quarter revenue, up 9.30 percent year over year, according to the Yahoo Finance transcript dated August 11, 2026. On October 26, 2026, BofA lowered its price target for Aramark from USD 70 to USD 69 while retaining a Buy rating, as reported by Markets Insider.

Three events shape the story

On August 11, 2026, Aramark's fiscal third-quarter revenue reached USD 5.06 billion and adjusted earnings per share reached USD 0.52, according to the Yahoo Finance transcript. On October 12, 2026, Citi raised its target from USD 74 to USD 75.50, according to Yahoo Finance. BofA's October 26 cut to USD 69 is the latest of the three dated developments.

What supports the target case?

Aramark's fiscal 2026 organic revenue growth outlook stands at 9 percent to 10 percent, while client retention reached 98 percent through the fiscal third quarter, according to the Yahoo Finance transcript. Management also described new client wins totaling more than USD 1.6 billion fiscal year to date. The figures explain why the target remains above the recent market valuation even after BofA's reduction.

The next reporting date

Aramark will release its fiscal fourth-quarter and full-year 2026 results on November 16, 2026, before an 8:30 a.m. ET conference call, according to MarketScreener. That release will provide the next test of organic growth, adjusted earnings and the contribution from Aramark Nexus.

Valuation before the results

Aramark had a USD 14.6 billion market capitalization as of October 27, 2026. Its 52-week range was USD 35.07 to USD 62.65 on that date, placing the valuation below the annual high while the company approaches its scheduled results.

The further course of trading is shown by the continuously updated real-time quote of Aramark stock.